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of trek treasury, robert rubin, paul o'neill, one a democrat, one a republican. we'll talk about the fiscal cliff, how to avoid falled over it and once we solve that problem how we get the rest of the u.s. house in order. >>> then an exclusive inthor view with bill gates, the richest man in the united states and the world's biggest philanthropist. i'll get his thoughts on the president's re-election, on the new innovation economy, and the revolution taking place in education. >>> and why the next foreign policy crisis for the world's number one power might well involve the world's number two power. but first here's my take. now that president obama has won re-election, the debate in washington has shifted from whether we should raise taxes to how and by how much. this makes sense. with a deficit over a trillion dollars, we will need a combination of increased tax revenues and spending cuts. the president and his allies including robert rubin have made the case that eliminating deductions simply will not get you enough money. you will actually have to raise tax rates. that's proba
, which included alan greenspan, timothy geithner, larry summers -- robert rubin was the chief culprit there. it was that administration that did not regulate derivatives, and as a result we have the collapse of 2008. guest: i thank the caller for the call. i think that is a fair point. my point was not necessarily about clinton's policies actually caused the economic growth of the 1990's. there were a lot of different factors that were associated. the point of was trying to make was that it was clear that higher marginal tax rates do not preclude that type of economic growth. we have evidence that they can coexist. the overall emphasis on the impact of marginal tax rates on economic growth is overblown. there are many studies data back up. one study was the congressional research service, which is congress''s in-house think tank. they have looked at tax policy since world war ii and compared that to many different performance metrics. they found it really no correlation at all between the top rates and a lot of economic performance. i am not trying to say that clinton is fully respons
Search Results 0 to 4 of about 5 (some duplicates have been removed)

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